Spark Capital Leads $450 Million Series C in Anthropic

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Anthropic has raised &dollar;450 million in Series C funding led by Spark Capital with participation from Google&comma; Salesforce Ventures&comma; Sound Ventures&comma; Zoom Ventures&comma; and others&period; The funding will support the company&&num;8217&semi;s continued work developing helpful&comma; harmless&comma; and honest AI systems—including Claude&comma; an AI assistant that can perform a wide variety of conversational and text processing tasks&period;<&sol;p>&NewLine;<p>Anthropic was founded to build AI products that people can rely on and generate research about the opportunities and risks of AI&period; CEO Dario Amodei&comma; said&comma; &OpenCurlyDoubleQuote;We are thrilled that these leading investors and technology companies are supporting Anthropic’s mission&colon; AI research and products that put safety at the frontier&period; The systems we are building are being designed to provide reliable AI services that can positively impact businesses and consumers now and in the future&period;”<&sol;p>&NewLine;<p>With the Series C funding&comma; Anthropic plans to grow its product offerings&comma; support businesses that will responsibly deploy Claude in the market&comma; and further AI safety research&period; The company says it is focused on AI alignment techniques that allow AI systems to better handle adversarial conversations&comma; follow precise instructions&comma; and generally be more transparent about their behaviors and limitations&period;<&sol;p>&NewLine;<p>Yasmin Razavi&comma; a General Partner at Spark Capital&comma; has joined Anthropic&&num;8217&semi;s Board of Directors&period; Yasmin said&comma; &&num;8220&semi;All of us at Spark are excited to partner with Dario&comma; Daniela&comma; and the entire Anthropic team on their mission to build reliable and honest AI systems&period; Anthropic has assembled a world-class technical team that is dedicated to building safe and capable AI systems&period; The overwhelmingly positive response to Anthropic’s products and research hints at AI’s broader potential for unlocking a new paradigm of flourishing in our society&period; I am delighted to join their Board&period;”<&sol;p>&NewLine;

Editor

Skydio Scores $110 Million Series F

SAN MATEO -- Skydio, a leading maker of drones, has raised a $110 million Series…

4 days

Intuit Cutting 17% of Workforce

MOUNTAIN VIEW -- Intuit -- developer of TurboTax, Quickbooks and Mailchimp software -- announced a…

4 days

Google Unveils Gemini Intelligence for Android

Google is introducing Gemini Intelligence on Android, which brings the best of Gemini to Android's…

1 week

DeepInfra Lands $107 Million Series B

PALO ALTO -- DeepInfra, a cloud platform for high-throughput AI inference, has landed $107 million…

1 week

Kleiner Perkins Leads $400 Million Round in Mind Robotics

PALO ALTO -- Mind Robotics has scored a $400 million financing led by Kleiner Perkins,…

2 weeks

Luxury Home Prices in Bay Area Rise Due to ChatGPT

Zip codes in the San Francisco Bay Area known for luxury homes saw a 13.4%…

2 weeks